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Type of Role: InvestmentsRisk

Experience Level: Analyst/Associate

Location: Chicago, Illinois

Salary: $168K - $283K

Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of June 30, 2022, it had $1.7 trillion in assets under management and $17 trillion in assets under custody. Details below.

Major Duties

  • Solves problems in straightforward situations
  • Analyzes possible solutions using technical experience and judgment and precedents
  • Identifies and implements process improvements
  • Impacts quality of own work and the work of others on the team
  • Works within guidelines and policies
  • Independently manages the majority of client relationships who subscribe to more simplistic reporting.
  • Remainder of client allocation is in supporting senior partners on clients of varying complexity, (independently evaluating and responding to client inquiries, determining service requirements, providing training, producing client reporting, and helping clients interpret financial metrics to understand the impact of their investment decisions)
  • Regularly Interface with senior staff at Northern Trust and/or client offices (CIOs, Treasurers, Directors of Investments), with minimal oversight from more senior partner
  • Works with internal operations and client servicing partners to problem solve client issues and requests to ensure accuracy and timeliness of all information provided to clients
  • Independently produces custom reporting, and executes client projects with limited oversight
  • Provide data quality oversight, assistance with prioritization of work, and mentorship to less tenured team members
  • Lead client projects and provide solutions to client requests
  • Assist management with strategic projects and initiatives

Knowledge

  • Requires expanded conceptual knowledge in own job discipline
  • Understands key business drivers; uses this understanding to accomplish own work
  • Explains complex information to others in straightforward situations
  • Uses insights into how the IRAS team integrates with other teams within Business Services, C&IS, and Wealth Management to coordinate efforts and resources to achieve shared and individual objectives, as well as to provide leadership in solving cross-practice problems
  • Expected to use judgement to make decisions without seeking approval

Experience :

  • Provides formal and informal guidance to new team members
  • Accountable for own contributions
  • Bachelor’s degree, preferably in business, finance, technology or related field
  • 3-10 years of relevant experience in investment analysis or trust-investment related background, investments operations, client-servicing, or transferable experience from a related field, typically gained through experience as an IRAS Associate
  • Interest in, or progress towards CFA (Chartered Financial Analyst), CAA (Chartered Asset Allocator), CIPM (Certificate in Performance Measurement), CAIA (Chartered Alternative Investment Analyst) or other investments-related professional designation is a plus
  • Excellent business judgment is required in order to quickly assess a situation and proactively develop solutions to complex client needs
  • Use of Microsoft Office tools, advanced Excel skills preferred
  • Exposure to Northern Trust or third party financial software is a plus
  • Strong organizational, written, and verbal client servicing skills.
  • Excellent time management and multi-tasking skills.

 

#LIHY

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Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

 

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

 

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

 

Reasonable accommodation

 

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

 

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

 

Apply today and talk to us about your flexible working requirements and together we can achieve greater.